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Gold Starts to Come Alive After Big Pullback - Weekly Wrap Up

Weekly Wrap Up with Paul Wong

 

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It’s been a long consolidation phase in the precious metals—especially for gold. But when will we get that breakout everyone keeps expecting? Host Craig Hemke sits down with market strategist Paul Wong of Sprott, Inc. to break down all the gold and silver news you need to see what lies ahead.

In this edition of The Weekly Wrap Up, you’ll hear:

  • The long-term trends in precious metals
  • When to expect a gold rally
  • Plus: Paul’s forecast for silver

“For the most part, we’re dramatically oversold. Probably there were a number of factors involved, and it has a lot to do with positioning and flows… So the last five years, there’s been this unrelenting flow into what I call ‘the long duration trade.’ And that’s predicated on sort of this Goldilocks economic background of ‘slowflation.’ It culminated with the big blowout in FANG names… Facebook, Amazon, Apple, Microsoft, Google. It got up to about 24% of the total S&P weight. That was one of the greatest concentrations ever in only a handful of names.”

To hear Paul’s full thoughts on this week’s gold and silver news, listen here:

Don’t miss a golden opportunity.

Now that you’ve gained a deeper understanding about gold, it’s time to browse our selection of gold bars, coins, or exclusive Sprott Gold wafers.

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Specializing in the sale of bullion, bullion storage and precious metals registered investments, there’s a reason Sprott Money is called “The Most Trusted Name in Precious Metals”.

Since 2008, our customers have trusted us to provide guidance, education, and superior customer service as we help build their holdings in precious metals—no matter the size of the portfolio. Chairman, Eric Sprott, and President, Larisa Sprott, are proud to head up one of the most well-known and reputable precious metal firms in North America. Learn more about Sprott Money.

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About the Author

Our Ask The Expert interviewer Craig Hemke began his career in financial services in 1990 but retired in 2008 to focus on family and entrepreneurial opportunities.

Since 2010, he has been the editor and publisher of the TF Metals Report found at TFMetalsReport.com, an online community for precious metal investors.

*The author is not affiliated with, endorsed or sponsored by Sprott Money Ltd. The views and opinions expressed in this material are those of the author or guest speaker, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.

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